Reporter
Catalina Apostoiu
- Fields
- Companies, Retail&Consumer, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 1.264
Romanian Business Law Market, Flat At Best In 2013
Lawyer Florian Nitu, who runs, together with Ernest Popovici, the Popovici Nitu & Asociatii law firm, a major player on the Romanian business law market, believes that companies that were ab...
Farmec Cluj Navigated Crisis Well With Cheaper Products
Farmec Cluj, Romania’s largest cosmetics producer, saw its revenue advance in each of the past five years of crisis, as on a market dominated by multinationals Farmec products are 30-40% che...
Tequila Sales Up 43% In 2013 Against 2008, Heading Toward EUR5M
Sales of tequila, a drink that sold less than 20,000 liters on the Romanian market a decade ago, reached some 228,000 liters last year, up 43% compared to 2008, while most spirits categories...
Hilton Sibiu Boss Says 2014 Off To A Good Start
The Hilton hotel in Sibiu, the only five-star hotel in the city, targets an average occupancy rate of at least 77% this year, from 67% in 2013, says general manager Nicolae Aron.
Lufkin To Increase Headcount In Ploiesti Plant
Since it opened the oil equipment plant of Aricestii Rahtivani, Ploiesti, in mid 2013, Lufkin group has hired another 80 people, so that the unit that makes oil pumps for 20 countries now em...
Romanians Bought EUR9.5B Worth Of Gas And Diesel Fuel In 2013
One in four liters of gas or diesel oil purchased in Romania comes from Petromidia refinery, the main asset controlled by Rompetrol, the group owned by Kazak state-owned company KazMunaiGas.
Paturan Family Brings New Footwear Brand In Romania
Eugen Paturan, the entrepreneur who holds the Bata franchise in Romania together with his wife, is bringing a new footwear brand, New Balance, rivaling Nike and Adidas, on the Romanian marke...
Bebe Tei, The First Children’s Products Supermarket, Heads Toward EUR10M In Revenue
Bebe Tei, the first children’s products supermarket opened in Bucharest, has boasted higher-than-expected results since launch last April until present, says Dragos Vladu, one of its shareho...
Avon: Business Picked Up On Promotion, Not Consumption
Avon Romania, the biggest direct cosmetics sales company, returned to growth in 2013 after two years of decline, but the increase stood below 5%.
Dr. Oetker Buys Land Plot For New Plant Near Curtea de Arges
Dr. Oetker, the biggest player on Romanian food additive market, is set to build a new plant in Valea Iasului locality of Arges county, after it bought a 14-ha land plot located near its cur...
Crisis Upsets Hervis Plans
Sports equipment retailer Hervis, which had planned to open 40 stores in Romania by 2013, had its plans hindered by the crisis and managed to open just 13 stores by the end of last year, cit...
Most Profitable Ten Banks On The Market Post RON380m Income In H1
The banking system is still suffering after almost three years of crisis and the financial results released in mid this year show that the good times of 2005-2008, when profits had gone even...